Ecopetrol Announces Strategic Leadership Changes

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Ecopetrol SA ( (EC) ) has shared an update.

Ecopetrol S.A. has announced significant changes in its senior management, including the appointment of Cristina Toro Restrepo as Acting Secretary General, Rodolfo García Paredes as Acting Corporate Legal Vice President, and Diana Marcela Jiménez as Acting Director of Institutional Relations and Communications, effective January 18, 2025. These changes are part of the company’s strategy to strengthen its leadership team, potentially impacting its operations and market positioning as Ecopetrol continues to be a key player in the energy sector both in Colombia and internationally.

More about Ecopetrol SA

Ecopetrol is the largest company in Colombia and a major integrated energy firm in the Americas, employing over 19,000 people. It dominates over 60% of Colombia’s hydrocarbon production and is a leader in the petrochemicals and gas distribution sectors. Internationally, Ecopetrol is active in energy transmission, drilling, and exploration across the Americas, including the United States, Brazil, and other countries, through its stake in ISA and subsidiaries.

YTD Price Performance: -21.38%

Average Trading Volume: 2,502,712

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $16.86B

For detailed information about EC stock, go to TipRanks’ Stock Analysis page.

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